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Dubai Land Department successfully concludes 2nd edition of Dubai Property Show in Shanghai

Dubai, United Arab Emirates, 3rd September 2018: Dubai Land Department (DLD) has successfully concluded the second edition of Dubai Property Show in Shanghai which was held at Shanghai Everbright Convention and Exhibition Centre. The show, covering an area of 6,000 sq. m, exhibited over 100 property projects by more than 20 highly rated developers. It also provided various activities for investors to gain an indepth understanding of investment information, industry trends, and the market dynamic in Dubai.

The exhibition was inaugurated in the presence of HE Majida Ali Rashid, Assistant Director General and Head of the Real Estate Investment Management and Promotion Center at DLD; HE Rashid Matar Al Qamzi, The UAE Consul-General in Shanghai; in addition to sponsors and exhibitors. After the inauguration ceremony, a press conference was held that focused on the event.

During the exhibition, DLD held a gala dinner that was attended by its strategic partners, developers and investors. DLD emphasised that its success in promoting the Dubai real estate market is primarily based on consolidating its relations with its strategic partners, cooperating with them in order to enhance the reputation of Dubai's global position. DLD aims to provide an ideal model for integration between the public and private sectors, in accordance with DLD's strategies and the directives of its Director General, His Excellency Sultan Butti Bin Mejren.

This edition of the show brought together DLD's strategic partners to provide developers, investors, and visitors with all details and information pertaining to Dubai. Partners included Emirates Islamic Bank, Knowledge and Human Development Authority, Emirates Airline, Dubai Chamber, Department of Tourism and Commerce Marketing, Dubai Police, Real Estate Brokers, and Dubai's Real Estate Registration Trustees

HE Majida Ali Rashid said: "We are glad to work with Sumansa Exhibitions again after successfully holding the first Dubai Property Show last year in Shanghai. For overseas investors, Dubai is one of the most attractive cities, and Dubai Land Department has always been exploring ways to enhance the sustainable growth of the property sector in the UAE. As China is one of the well-known overseas investors in Dubai, we are proud to again organise such a grand event, and look forward to further opportunities to organise more events of this nature."

Joining Her Excellency at the press conference were HE Rashed Matar Alqemzi, UAE Consul-General in Shanghai; Emaar's team; the Jumeirah Golf Estates team; Dubai Sport City team; theFalconcity of Wonders; the President of Asia Pacific & China; Damac Properties; and Sobha Realty, all of whom expressed their best wishes and visions regarding the Dubai Property Show.

HE Majida Ali Rashid pointed out that Shanghai's real estate week will not be ending with the conclusion of the exhibition, and that there will in fact be a congregation of senior Chinese developers and investors.

As the richest and most modernised metropolis, Dubai has built itself within just 10 years into a world-class financial centre by attracting talents and capital. Thanks to its efficient governance, Dubai not only boasts international ports, airports, and transportation hubs, but also regards tourism, trade, logistics, and financial services its pillar industries. As the UAE has actively supported the 'One Belt, One Road' initiative, the China-UAE relationship has grown stronger, with mutual beneficial policies being launched, further attracting Chinese investors to the real estate sector in Dubai.

Chinese investors are interested in Dubai due to its stable political environment, making it one of the safest destinations for investment and living. Additionally, the government emphasises the development of the property sector, with high information transparency, a well-regulated market, and multiple favorable policies put in place to attract investors.

In order to meet the demands of Chinese investors, the Dubai Property Show provided affordable, luxurious, and ultra-luxurious property investment options, comprising apartments, beachfront villas, and commercial offices to meet the demands and budgets of different investors. At the same time, the show also offered services such as free seminars, finance advisories, brokers and registration services, and investment counseling that helped investors establish the best options for them.